TechNavio's analysts forecast the Global Digital Signal Processor market to decline at a CAGR of 3.50 percent over the period 2012-2016. One of the key factors contributing to this market decline is the declining revenue following global economic slowdown. The Global Digital Signal Processor market has also been witnessing the increasing use of field programmable gate array (FPGA)-based digital signal processor in imaging equipment. However, the increasing adoption of digital signal processors in the consumer electronic equipment such as digital cameras, set-top-boxes, and printers could drive the growth of this market.